Average Rent in 77040, Houston, TX

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Current Versus Historical 77040, Houston, TX Rents

77040 rentals average $2,550 for a studio rental to $2,300 for a 4-bedroom rental. The median price of all currently available listings is $1,750, or roughly $15 per square feet.

For the apartment units and housing in July 2026, median rents have fallen over the last year. Studio rentals prices have decreased by $6,012 (-71.47%) year-over-year from $8,412 to $2,400. 1-bedroom rentals prices have decreased by $89 (-7.70%) year-over-year from $1,158 to $1,069. 2-bedroom rentals prices have increased by $227 (18.20%) year-over-year from $1,247 to $1,474. 3-bedroom rentals prices have increased by $55 (2.98%) year-over-year from $1,845 to $1,900. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,300 to $2,300. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 7.69% this month. 1-bedroom rents have gone down by 5.63% this month. 2-bedroom rents have gone up by 5.70% this month. 3-bedroom rents have gone up by 2.17% this month. 4-bedroom rents have gone down by 6.76% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$2,400	$8,412 (-71.47%)	$736 (225.93%)
1 BR	$19.85	$1,069	$1,158 (-7.70%)	$1,132 (-5.59%)
2 BR	$16.64	$1,474	$1,247 (18.20%)	$1,183 (24.65%)
3 BR	$14.36	$1,900	$1,845 (2.98%)	$1,926 (-1.35%)
4+ BR	$12.69	$2,300	$2,300 (0.00%)	$2,643 (-12.99%)

Historical Rents in 77040, Houston, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 77040

There are a total of 28 cities nearby 77040. The average rent in 77040 is currently $2,000 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Humble, TX, with an average rent of $1,199, is the most affordable city nearby. In contrast, the most expensive city near 77040, Houston, TX is Sienna Plantation, TX. Monthly rents here are on average $3,200 per month.

Let's compare 77040, Houston, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 77040, Houston, TX is 65.69% more expensive than other cities nearby. One bedrooms are about 17.41% more affordable. Two bedrooms in 77040, Houston, TX are about 4.01% more affordable. Finally, rent for three bedrooms are about 9.44% more affordable. Want more information? Check out the top 10 cities out of 28 total cities near 77040, Houston, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Humble, TX	$799	$969	$1,339	$1,199
Houston, TX	$1,161	$1,295	$1,663	$1,856
Stafford, TX	N/A	$1,665	$2,211	$1,969
Spring, TX	$2,100	$1,095	$1,388	$1,985
Mission Bend, TX	$3,200	$1,355	$1,589	$2,000
Tomball, TX	N/A	$1,250	$1,200	$2,020
Atascocita, TX	$7,500	$1,187	$1,511	$2,300
Katy, TX	$3,000	$1,460	$1,975	$2,323
Sugar Land, TX	$13,000	$2,175	$1,800	$2,400
The Woodlands, TX	$7,500	$1,868	$2,339	$3,025

Top Neighborhoods Near 77040

There are a total of 67 neighborhoods in or near 77040. Some of these neighborhoods include Woodlake - Briar Meadow, Astrodome, and Northside - Northline. We've included the top 30 neighborhoods out of 67 total neighborhoods in or near 77040, Houston, TX in the following table.

The average rent for these 30 neighborhoods in or near 77040, Houston, TX is currently around $1,950 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $1,950. Interestingly, the neighborhoods' average rent is higher than 77040's average rent, which is only $1,750. Out of all the neighborhoods in or near 77040, Magnolia Park has the most affordable average rent at $1,198 per month. Whereas, at $4,200 average rent per month, Creekside Park is the most expensive neighborhood in or near 77040. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Woodlake - Briar Meadow, Houston, TX	$976	$1,150	$1,475	$1,350
Astrodome, Houston, TX	$1,024	$1,175	$1,495	$1,400
Northside - Northline, Houston, TX	N/A	$1,005	$1,195	$1,425
Sharpstown, Houston, TX	N/A	$950	$1,323	$1,550
Greater Inwood, Houston, TX	$1,000	$890	$1,050	$1,595
Braeswood Place, Houston, TX	$1,248	$1,350	$1,480	$1,615
Greater Fondren Southwest, Houston, TX	$2,550	$864	$1,300	$1,625
Alief, Houston, TX	$779	$1,069	$1,350	$1,650
Neartown - Montrose, Houston, TX	$1,150	$1,300	$2,150	$1,743
Eldridge - West Oaks, Houston, TX	N/A	$1,099	$1,200	$1,750
Central Southwest, Houston, TX	$1,200	$1,377	$1,689	$1,780
Greater Heights, Houston, TX	$965	$1,289	$2,018	$1,800
Great Uptown, Houston, TX	$1,544	$1,495	$1,990	$1,860
Spring Branch West, Houston, TX	N/A	$1,602	$1,623	$1,900
Midtown, Houston, TX	$1,235	$1,731	$2,362	$1,910
Greater Fifth Ward, Houston, TX	$1,100	$1,149	$1,225	$1,950
Greenway - Upper Kirby, Houston, TX	$1,790	$1,694	$2,025	$1,969
Downtown Houston, Houston, TX	$1,085	$1,815	$2,643	$1,973
OST - South Union, Houston, TX	$2,400	$1,025	$1,125	$1,998
Northside Village, Houston, TX	$995	$1,000	$1,650	$2,095
Briarforest, Houston, TX	N/A	$1,275	$1,670	$2,100
Independence Heights, Houston, TX	N/A	$1,400	$1,800	$2,245
Lazy Brook - Timbergrove, Houston, TX	$1,350	$1,279	$1,891	$2,258
Acres Home, Houston, TX	$2,075	$1,450	$1,413	$2,300
Oak Forest - Garden Oaks, Houston, TX	$2,742	$1,416	$1,600	$2,375
Memorial, Houston, TX	N/A	$1,400	$2,000	$2,395
Spring Branch East, Houston, TX	N/A	$1,116	$1,823	$2,400
Spring Branch Central, Houston, TX	N/A	$1,100	$1,523	$2,400
Washington Avenue - Memorial Park, Houston, TX	$1,554	$1,729	$2,420	$2,550
Grogan's Mill, The Woodlands, TX	N/A	$1,955	$2,830	$3,025

Top Counties Near 77040

There are a total of 29 counties located by 77040, Houston, TX. Some of these counties include Pasadena, TX, Houston, TX, and Northeast Harris, TX. The average rent for rentals in these counties is $1,955. That's roughly around $15 per sqft. A total of 11 counties have a lower average rent. The county that is the most affordable is Huntsville, TX. Its average rent per month is $1,295. Vice versa, with an average rent of $2,695, Fulshear-Simonton, TX is the most expensive county by 77040, Houston, TX.

Typically, rent for studios in 77040, Houston, TX is 50.98% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 77040, Houston, TX is 0.75% more affordable than other counties nearby. Finally, rent for two bedrooms in 77040, Houston, TX is 4.45% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Pasadena, TX	$850	$950	$1,273	$1,750
Houston, TX	$1,200	$1,290	$1,650	$1,900
Northeast Harris, TX	$655	$995	$1,163	$1,900
Magnolia, TX	$5,500	$1,311	$1,725	$2,095
Northwest Harris, TX	$999	$1,194	$1,507	$2,200
Southeast Montgomery, TX	$2,000	$1,250	$1,688	$2,200
Stafford-Missouri City, TX	$900	$1,665	$1,957	$2,300
Sugar Land, TX	$3,200	$1,422	$1,750	$2,350
Brookshire, TX	$2,000	$1,449	$1,437	$2,400
Fulshear-Simonton, TX	$2,950	$1,460	$1,879	$2,695

Top Zipcodes Near 77040

There are a total of 50 zipcodes in or near 77040, Houston, TX. The average rent for all of these zipcodes is $2,073. A total of 11 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 77065, Northwest Harris, TX at $1,227 per month. In comparison, the zipcode with the most expensive average rent of $3,025 per month is 77380, The Woodlands, TX.

Studios in these zipcodes have an average rent of $845. That's at least $0 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 77040, Houston, TX is $1,237 per month. Or in other words, $21 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,660 per month. Which comes out to $18 per sqft. The following table includes the top 10 zipcodes in 77040, Houston, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
77449, Houston, TX	$2,400	$1,273	$1,726	$2,000
77007, Houston, TX	$1,559	$1,714	$2,400	$2,530
77057, Houston, TX	$799	$1,205	$1,625	$1,408
77084, Houston, TX	$1,025	$1,350	$1,608	$1,903
77091, Houston, TX	$2,150	$1,005	$1,165	$2,325
77088, Houston, TX	$1,250	$975	$1,238	$1,798
77493, Northwest Harris, TX	N/A	$1,395	$1,799	$2,350
77008, Houston, TX	$1,138	$1,385	$2,494	$2,900
77080, Houston, TX	N/A	$1,180	$1,500	$2,350
77009, Houston, TX	$965	$1,249	$1,907	$1,500

Frequently Asked Questions - 77040 Average Rents

What is the average rent price in 77040, Houston, TX?

The average monthly rental price for 77040, Houston, TX apartments for rent is approximately $1,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 77040, Houston, TX rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 77040, Houston, TX.

How much is a studio apartment in 77040, Houston, TX?

The average monthly rental price for studio apartments is $2,550. There are a total of 2 studio apartment listings currently available for rent in 77040.

How much is a one bedroom apartment in 77040, Houston, TX?

The average monthly rental price for one bedroom apartments is $1,071 and an average price per square feet of $19.85. There are a total of 18 one bedroom apartment listings currently available for rent in 77040.

How much is a two bedroom apartment in 77040, Houston, TX?

The average monthly rental price for two bedroom apartments is $1,439 and an average price per square feet of $16.64. There are a total of 15 two bedroom apartment listings currently available for rent in 77040.

How have rent prices in 77040, Houston, TX changed this year?

Rent prices for rentals in 77040, Houston, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.71%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by 0.18%, three bedroom rental prices have changed by 0.03% year-over-year.

What is a reasonable rent price in 77040, Houston, TX?

A reasonable rent price in 77040, Houston, TX is around $1,400/month. You can search for these reasonably priced rental listings on RentHop.